# Magic Micro acquires 75% stake in LioniX International

Magic Micro, a South Korean electronics component company, has agreed to acquire 75 percent of LioniX International B.V., a Dutch photonic chip developer, for $25.5 million to expand into 5G and biosensor markets.

- Type: Acquisition
- Announced: 2018-07-03
- Where: Netherlands
- Value: $25.5M
- Status: announced
- Products: photonic chips, optical semiconductors, biosensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Magic Micro](https://endata.com/companies/32891.md) (acquirer)
- [LioniX International](https://endata.com/companies/32892.md) (target)
- [Panthera International](https://endata.com/companies/32893.md) (partner)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/8379762), 2018-07-03: "Magic Micro said in a regulatory filing on Monday that the transaction accounts for about a third of its consolidated assets of last year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.